Wheelings and Dealings

Instagram CEO Kevin Systrom Apparently Negotiates Like A Boss

Kevin Systrom, cofounder of Instagram. (Twitter)

If this is true, it sure does shed some light on the abrupt end of Jack Dorsey’s Instagramming. VentureBeat claims that rumored offer from Twitter was solid enough to give CEO Kevin Systrom quite a bit of leverage, which he did not let go to waste. Their sources claim Mr. Systrom used the company’s pending Series B to get a “very real offer in the hundreds of millions of dollars range” from Twitter, and that’s when it gets really interesting: Read More